Granite Run Buick Gmc

$586,252 PPP Loan in Media, Pennsylvania

Loan Details

Loan Number
9161967100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$586,252
Current Approval
$586,252
Forgiveness Amount
$591,504
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Granite Run Buick Gmc
Address
1056 East Baltimore Pike
City
Media
ZIP Code
19063
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$12.3M
Rural/Urban
Urban
Congressional District
PA-05

Loan Use Breakdown

Payroll
$449,760
Rent
$105,000
Utilities
$14,000
Health Care
$17,492

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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